
Manikandan Narayanan
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Articles
Recent activity by Manikandan Narayanan-
Export LC & its benefits. How to register new Export LC in RIVO?
Overview: 'Export Letters of Credit' are the most common trade finance method used to finance exports. An Export Letter of Credit, which is also referred to as documentary credit, is a contractual ...
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Import LC and its usage. How to initiate a new Import LC transaction in RIVO?
Overview: A letter of credit is a payment method in international trade. Import Letters of Credit are the most common method of import financing. An Import Letter of Credit, which is also referred ...
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How to add the Users to your organization
In RIVO, the admin user of the organization can set up the organization's tree and add users.Users can be added to the headquarters or to subunits of the organization. A user can belong to several...
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Migration of Attachments
Corporates/Financiers can migrate their deals into RIVO and also any attached files related to those deals, ensuring that these attachments appear in the UI and are linked to the correct deals (ref...
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How to Discount the documents presented under the Export L/C
'Discounting' of Letter of Credit (LC) is a short-term credit facility provided by the bank. In the Letter of Credit discounting process, the bank purchases the documents or bills of the beneficiar...
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Deal History
You can see the changes made to a deal via its History page. This can be found by Viewing a Deal , and selecting History from the top of the Deal Summary screen The details of each and every cha...
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How to Settle the Document under Export LC in RIVO
Document Settlement in Export L/C: The process begins when an Exporter/Beneficiary submits the required documents to their Bank after shipping goods, as per the terms of a letter of credit. The ben...
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How to Close an Export L/C in RIVO
The closure of the Export Letter of Credit happens when the LC is fully utilized or no more drawings or presentations are expected. The bank user is allowed to book off / close the Export L/C regis...
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Registered Banks/Parties in RIVO
RIVO has a provision that the users can locate the entities (Banks/Parties) used in their business transactions that they have registered with RIVO or not. A tick mark () on the entities shows that...
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How do I view my deals in Table View?
By default the transactions are displayed in a card view, after a while, there may be too many cards to be filtered from for which you may decide to display the transaction information in a table ...